Insurance startup Corgi hits $1.3B valuation 4 months after its Series A

Source: TechCrunch

Funding Round

Business insurance startup Corgi announced a $160 million Series B led by TCV, valuing the company at $1.3 billion. The announcement was shared by co‑founder Nico Laqua on LinkedIn.

This follows the company’s $108 million Series A raised just four months earlier (announcement). To date, Corgi has raised $268 million in total funding and has become Y Combinator’s latest unicorn (YC tweet).

Company Background

Corgi was founded in 2024 by Nico Laqua and Emily Yuan as part of Y Combinator’s Spring 2024 batch.

Products and Customers

Corgi provides business insurance coverage for:

• General liability
• Cyber liability
• Tech and AI liability

The company lists Deel and Artisan among its customers (Corgi website).

Investors

In addition to TCV, the Series B round included participation from:

• Kindred Ventures
• Leblon Capital
• First Order Fund

Corgi did not immediately respond to our request for comment.